Rule 1 During live market it's important to understand, 1] Check the price momentum is Slow or Fast and plan your trades accordingly. 2] Check whether the day is directional or more reversal Directional UP - price will more take support Scroll down👇

Directional Down - Price will more take resistance Reversal - Price will take support at lower level and resistance at higher level within a range. Once the above 2 points is clear - Very high chance you will not trade in wrong direction. Next👇👇

Rule 2 Never get disappointed or excited by your performance. In search of getting motivation - Never compare yourself with others. Your passion to trading has to drive your mind (So there is no need of external motivation ) Next 👇

Rule 3 Your analysis or trade plan can go wrong - It's natural in trading. The REAL GOAL - Minimum focus on making 1.5 to 2x of profits compare to the loss-making trades. (Even if your accuracy is low - Still profits will come in all market conditions) Next 👇👇

Rule 4 Price action-based trader focus on understanding the price fight between Bulls & Bears ( Means find who is weaker ) Most retail traders are wasting time in finding patterns in all charts. Smart players will not be like triangle pattern is forming let's deploy 50cr 👇

Rule 5 If series of losses or past losses is making your mind un-stable with more doubts , confusion etc... Better take a small break Mentally unstable is a spoiler for your trading capital Next 👇👇

Rule 6 Stop wasting time in prediction just because it is FREE to predict anything in market. During live market as a directional or non-directional trader try to find minimum 2 clues in favor of your trades. Clues always increase conviction to take and ride a trade Next👇

Rule 7 Don't over trade just because you have analyzed market. Don't over trade to defend your analysis or to prove yourself correct. Trading is a probability business so if trade go wrong better cut the loss and focus on next opportunity. Next 👇

Rule 8 Don't try to be King of Market Be a learner from market Never allow this thought - Just after few profitable trades ( I know everything in the market ) Because emotions have over-powered your knowledge means Disaster Next👇

Rule 9 Even if the trade loss is small or big ( Don't try to ignore it ) Better learn from it as losses will teach lessons for your entire trading period. Next 👇👇

Rule 10 ( My favorite ) Give top most priority to risk management Don't loss more than 2 to 3 % of your trading capital on any trading day. If max loss is breached better stop trading for the day. (Normal retail trader in hope to recover the loss end up making more loss ) 👇

End of this thread I hope this " 10 Rules to Trade Like a Pro " will help to improve your trading Follow me @learntotrade365 and turn ON Notifications to get non-stop learning. Join the FREE channel for live market updates, videos , webinars etc... -https://telegram.me/learntotra...